Modeler KCC Puts Privately Insured Losses at $6.4B From Helene October 3, 2024 Privately insured losses from Hurricane Helene will be about $6.4 billion from wind, storm surge and inland flooding in nine...
Hurricane Francine Losses Expected to be Manageable for Insurers September 16, 2024 Losses from Hurricane Francine are expected to be manageable for property/casualty insurers, with major population centers sparred from the worst...
Deadly Tornadoes to Cost Insurers Up to $5B December 14, 2021 Insured losses from the swarm of tornadoes and severe convective storms that caused destruction in parts of the United States...
Catastrophe Modeler Says Global Warming Increased Wind Losses by 11% November 9, 2021 By Claims Journal staff Global warming has already driven an 11% increase in insured wind losses and those losses will grow by an additional...
Never Mind COVID, 2020 Was a Catastrophe for US Insurers January 27, 2021 By Jim Sams In case you forgot, the year that just passed brought an unprecedented number of catastrophes — not to mention COVID-19....
Hurricane Zeta Insured Losses May Surpass $4 Billion November 2, 2020 Insured losses from Hurricane Zeta, which became fifth named storm to strike Louisiana when it made landfall on Oct. 28,...
Delta Losses Bring Hurricane Damages to $26B for Year October 14, 2020 By Jim Sams Hurricane Delta caused from $700 million $1.2 billion in insured losses from wind damage and storm surge, and an additional...
Claims Shops Deploy Remote Adjusting For Storm Damages Expected to Top $4B August 11, 2020 With insured losses projected to reach $4.2 billion, Hurricane Isaias’ rampage from the Caribbean to Canada was the first significant...
Tropical Storm Fay Leaves About $400M in Insured Losses Behind July 15, 2020 By Jim Sams Tropical Storm Fay managed to cause about $400 million in insured losses after coming ashore in Atlantic City, New Jersey...
Hurricane Dorian Leaves Bahamas With Estimated $7 Billion in Damages September 5, 2019 Hurricane Dorian inflicted an estimated $7 billion in total insured and uninsured losses on the Bahamas, according to catastrophe risk...